During the last session, Palantir Technologies Inc (NASDAQ:PLTR)’s traded shares were 81.3 million, with the beta value of the company hitting 2.74. At the end of the trading day, the stock’s price was $92.28, reflecting an intraday loss of -4.37% or -$4.22. The 52-week high for the PLTR share is $125.41, that puts it down -35.9 from that peak though still a striking 77.97% gain since the share price plummeted to a 52-week low of $20.33. The company’s market capitalization is $216.43B, and the average intraday trading volume over the past 10 days was 102.61 million shares, and the average trade volume was 96.97 million shares over the past three months.
Palantir Technologies Inc (PLTR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.81. PLTR has a Sell rating from 3 analyst(s) out of 14 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.13.
Palantir Technologies Inc (NASDAQ:PLTR) trade information
Palantir Technologies Inc (PLTR) registered a -4.37% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.37% in intraday trading to $92.28, hitting a weekly high. The stock’s 5-day price performance is 7.18%, and it has moved by 5.05% in 30 days. Based on these gigs, the overall price performance for the year is 281.64%. The short interest in Palantir Technologies Inc (NASDAQ:PLTR) is 60.16 million shares and it means that shorts have 0.49 day(s) to cover.
The consensus price target of analysts on Wall Street is $82, which implies a decrease of -12.54% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $60 and $105 respectively. As a result, PLTR is trading at a discount of -13.78% off the target high and 34.98% off the low.
Palantir Technologies Inc (PLTR) estimates and forecasts
In the rating firms’ projections, revenue will increase 31.66% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 864.08M as predicted by 15 analyst(s). Meanwhile, a consensus of 15 analyst(s) estimates revenue growth to 902.53M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 634.34M and 678.13M respectively. In this case, analysts expect current quarter sales to grow by 36.22% and then jump by 33.09% in the coming quarter.
While earnings are projected to return 32.01% in 2025, the next five years will return 31.30% per annum.
PLTR Dividends
Palantir Technologies Inc is due to release its next quarterly earnings on 2025-Feb-02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Palantir Technologies Inc (NASDAQ:PLTR)’s Major holders
Palantir Technologies Inc insiders own 4.98% of total outstanding shares while institutional holders control 53.70%, with the float percentage being 56.51%. VANGUARD GROUP INC is the largest shareholder of the company, while 2453.0 institutions own stock in it. As of 2024-06-30, the company held over 201.59 million shares (or 9.1072% of all shares), a total value of $5.11 billion in shares.
The next largest institutional holding, with 119.76 million shares, is of BLACKROCK INC.’s that is approximately 5.3664% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.03 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Palantir Technologies Inc (PLTR) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . Data provided on Dec 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 64.91 shares. This amounts to just over 2.98 percent of the company’s overall shares, with a $5.99 billion market value. The same data shows that the other fund manager holds slightly less at 55.49, or about 2.54% of the stock, which is worth about $5.12 billion.
